American City Business Journals Farnborough 2022: Boeing snares more orders for 737 MAX The Boeing Co.’s narrow-body 737 MAX continues to be its star at the Farnborough International Airshow in London. The manufacturer, which on Monday revealed an order for 100 MAX jets from Delta Air Lines (NYSE: DAL), on Tuesday announced a deal for… Continue reading Why Tesla, Rivian, and Nio Stock Popped Today
Author: Yarhow_Finance Online News
Jeep’s China Failure Sends Foreboding Signal to Global Carmakers
(Bloomberg) — Most Read from Bloomberg It was one of the very first international auto brands to enter China, widely recognized by consumers and understood by its owners to have huge potential. And yet, Jeep is shutting down its only plant in the world’s largest market. The announcement this week that Stellantis plans to terminate… Continue reading Jeep’s China Failure Sends Foreboding Signal to Global Carmakers
Tesla’s Chinese Battery Maker Is Scoping Out Factory Sites in Mexico
(Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc. and Ford Motor Co. Most Read from Bloomberg The battery manufacturer is considering Ciudad Juarez, in the state of Chihuahua, and… Continue reading Tesla’s Chinese Battery Maker Is Scoping Out Factory Sites in Mexico
5 Low Price-to-Book Value Stocks to Buy for Solid Returns
The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book value. The P/B ratio is calculated as below: P/B ratio = market price per share/book value of equity per share P/B ratio reflects how many… Continue reading 5 Low Price-to-Book Value Stocks to Buy for Solid Returns
Auto Stocks Are Down. They Could Be a Great Recession-Recovery Play.
Reuters Bank of America puts aside $200mln for probe into bankers’ use of personal devices Bank of America has set aside around $200 million for a regulatory matter connected to the unauthorized use of personal phones, its chief financial officer Alastair Borthwick said on Monday, adding that he expects the matter to be settled soon.… Continue reading Auto Stocks Are Down. They Could Be a Great Recession-Recovery Play.
Rare Tech Stock Winner in India Taps Niche Demand for EV Design
(Bloomberg) — Strong demand for niche design services used in making electric vehicles has helped one Indian technology company’s stock surge by more than a third this year, even as inflation concerns have battered the sector globally. Most Read from Bloomberg Shares of Tata Elxsi Ltd. have jumped 37% in 2022, topping a gauge of… Continue reading Rare Tech Stock Winner in India Taps Niche Demand for EV Design
Energy stocks gain, Tesla stock rises, bitcoin and ethereum prices jump
Reuters Snap introduces web version of Snapchat app The company said that the feature will be exclusive to Snapchat+ subscribers beginning July 18 and will start with subscribers in the United States, the United Kingdom, Canada, Australia and New Zealand. Snap last month launched Snapchat+, a paid version of the Snapchat app, in the United… Continue reading Energy stocks gain, Tesla stock rises, bitcoin and ethereum prices jump
12 Best Environmental Stocks to Invest In
In this article, we will look at 12 best environmental stocks to invest in. If you want to explore similar stocks, you can also read 5 Best Environmental Stocks to Invest In. With growing concerns about climate change and global warming, economies around the world are making efforts to go green and reduce or even… Continue reading 12 Best Environmental Stocks to Invest In
Jeep Owner Stellantis to End China Joint Venture
Reuters Stellantis, China’s GAC to terminate loss-making joint venture PARIS (Reuters) -Stellantis and Guangzhou Automobile Group will end their loss-making joint venture producing Jeep vehicles in China, the carmakers said on Monday, only four months after the European carmaker said it would raise its stake in the business. The U-turn comes after GAC reprimanded the… Continue reading Jeep Owner Stellantis to End China Joint Venture
If You Invested $10,000 in Rivian in 2021, This Is How Much You Would Have Today
Onetime Wall Street darling Rivian (NASDAQ: RIVN) has fallen out of favor with a great many investors. It may be hard to imagine now, but Rivian was a hot item when it went public in November. The IPO price was $78 per share, and thanks to robust demand, it zoomed to nearly $107 when the… Continue reading If You Invested $10,000 in Rivian in 2021, This Is How Much You Would Have Today